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Search Results 0 to 49 of about 93 (some duplicates have been removed)
CNBC
Jan 23, 2013 1:00pm EST
much, sue. let's get back to the breaking news in washington. a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tighter than republicans would like the vote count to be, but ultimately what the pleasure would do is extend the debt measure through to may 19th and politically what it does is rearranges the order of the fiscal fights we will have over the next couple of months and it means we will fight first over the sequester. remember that's that across the board budget cut postponed during the fiscal cliff fight in december and january. now that will be the first fight up at the beginning of march. republicans feel that that is a much more safe political ground for them to fight on than to fight over the debt ceiling which of course could threaten a default on the nation's obligations so we do expect this vote within the next couple of minutes here to pass by republicans, then it will go over to the senate side and the white house has signalled
MSNBC
Jan 23, 2013 7:00pm PST
the debt ceiling. >> the ayes are 245, the nays, 144. >> up until now, they have been about politics. >> the american people won't accept an increase in the debt limit without significant spending cuts. >> if we don't cut spending. >> it hands the president his second major win. >> republicans have come to our new majority to fix what is wrong. >> there is an amazing amount of soul-searching going on. >> my friends it was a puke fest. >> they blinked, we welcomed the outcome of their retreat. >> nothing exposes congressional ignorance and incompetent actions better than a congressional hearing. you actually have to know something to sound impressive in a congressional hearing. it is not just reading speeches, it is interactive. asking a question of the chairman of the federal reserve or making any kind of statement to him when he is actually there to respond is a grand opportunity to look and sound like an idiot. an opportunity that many senators and house members have taken over the years. witnesses at congressional hearings in the house and the senate tend to know a little more, in
CSPAN
Jan 23, 2013 7:00am EST
23. house will vote today on raising the debt ceiling. secretary of state hillary clinton testifies before house and senate committee today about the september terrorist attack in benghazi, libya. republicans are talking about their own priorities and reacting to president obama's inauguration speech. we're like to hear your advice for the president for his second term. here are the numbers to call. you can also find us online. share your comments over twitter or join the conversation on facebook. you can also e-mail us. we're asking you this morning your advice for the second obama administration. isedobama speech rate stark choices, says the new york times. we would like to hear from you this morning, what you think republican options are and what your advice is. here's what's happening on capitol hill today. house gop poised to extend the debt limit. that's the headline in "usa today." the bill would buy time and would set the stage for a physical fight. house republicans are scheduled to vote today to extend a $16.40 trillion at the opening salvo in a renewed battle this year to
FOX Business
Jan 24, 2013 12:00am EST
said we will raise the debt ceiling for a couple months and, you know, there you go. we haven't gotten any of the real work done? >> it was a short-term punt but i think it was pretty shrewd move by the republicans because you can't default on our debt. if interest rates went up even slightly the amount of interest we would have to pay on our $16 trillion debt would be enormous. you can't do that. it would be shooting ourself in the foot. they tried closing down the government back in the 1990s. that didn't didn't work too well. they're focusing on what is called the sequester, which are across the board spending reductions. that's where i think they will make their stand. we'll have a good robust debate about the level of spending we'll have in this country. the cuts in the sequester are too much for the pentagon for republicans to like. that will be focus rather than having republicans blamed for defaulting on the debt or shutting down the government. that was a shrewd move on their part. melissa: everybody talks about we need to get entitlement spending uncontrol. we need to balance
Current
Jan 23, 2013 4:00pm PST
. >> cenk: totally not true. and why did the republicans cave on the debt ceiling? the republicans caving? we'll explain why. it's go time. [ ♪ music ♪ ] >> cenk: secretary of state hillary clinton went up to the hill to talk to the senators and congressmen, and she got a rude, rude arrival there in the form of very aggressive questions and statements by the republicans. first she laid out her case. let's listen. >> for me this is not just a matter of policy, it's personal. i stood next to president obama as the marines carried those flag-draped caskets off the plane at andrews. i put my arms around the fathers and mothers, the sisters and bow brothers and the wives left alone to raise their children. >> cenk: the republicans were not appeased with that, and they requested about benghazi what produced one of the biggest flareups of the day. >> he were misled that there was protest and an assault sprang out that have. that was easily ascertained. that was not the fact. the american people could have known that in days. >> with all due respect. the fact is we had four dead americans was
CSPAN
Jan 22, 2013 8:00pm EST
not raise the debt ceiling. especially in the absence of changing the way we do business here, starting with the approval of a the budget. it is thought to be compassionate to spend money that is not yours that is the next-generation? for our country to have growth and economic opportunity, there is no question that it is a drag on that opportunity. we have a chance to right this wrong. >> is on the senate budget committee and i can tell you that the most disappointing part is it about not doing a budget for this country in the senate. it is incredibly disappointing and it blows my mind that the senate democrats have not been willing. senators have talked about the fact that the ipad is in existence. most of my life we have not had a budget and prioritizing spending. when i think about that, i know it is about him. because we can do a budget for this company and we can't prioritize benning have a fiscal blueprints make sure that we get ourselves on the responsible path, it is about all of us, my son, every child in this nation, what future and opportunities they will have in this great
FOX News
Jan 22, 2013 1:00pm PST
getting word that as expected the house will vote on the debt ceiling limit for another few months, pushing it back to may 19. the report on this possibility yesterday in washington for the inauguration, this this might be a face-saving gesture on the part of republicans to gather their duffs and buy some time with a president who at least for the time being is more popular than they. what do you make of the timing of this vote? -- and what they will gain? >> i think the republicans were concerned about public perception of them not doing anything and i think it's a bad idea. i mean, i think this kicks the can down the road. move people say, we want a solution today. we don't want to keep having this conversation. every couple of months, we talk about the debt ceiling, what good is a ceiling if you keep raising it and you don't make spending cuts to keep yourself under that number? it has no purpose. >> neil: i want to take a look at the corner of wall and broad. many argue the reason why it was up 62 points is the fact that, whew -- it's a relief they won't bring this to the brink
MSNBC
Jan 23, 2013 9:00am PST
gives john boehner a blessing to push through a temporary suspension of the debt ceiling, but will republicans fall in line? we'll discuss the gop's deficit dilemma when luke russert joins us next on "now." jenna shared her recipe with sharon, who emailed it to emily, who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm! [ female announcer ] the secret is swanson. mmmm! itbut sleep train's huge foyear eends sunday. salels, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. plus, free same-day delivery, set-up, and removal of your old set. don't wait, sleep train's year end clearance sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> today, the house is expected to pass a bill that would suspend the debt ceiling for three months wit
Current
Jan 24, 2013 3:00am PST
president obama before they raise the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great land of ours. god bless america. we're booming out to
CSPAN
Jan 23, 2013 5:00pm EST
boehner after the passage of a bill that temporarily suspends the $16.4 trillion debt ceiling through mid-may. it passed in the house of 285-144. briefing is about 15 minutes. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> good afternoon everyone. with the passage of this bill today, it's pretty clear that we are sending a message to the democrat-controlled senate, it's time to do your job. the principle is pretty simple. no budget, no pay. american families have to do a budget and they understand you can't continue to spend money that you don't have. we're committed to doing a budget on the house side, a budget that will balance over the next 10 years. it's time for the senate and the president to show the american people how they are willing to balance the budget over the next 10 years. >> today's vote was the first step towards trying to resolve the nation's fiscal crisis in a responsible manner. look forward to working with the white house and the senate to do so. it's interesting to note with after almost four years
Current
Jan 23, 2013 9:00pm PST
well, it's under cutting their own ideas. take for instance, raising the debt ceiling. something that everyone agrees need to be done. well, good news. by a vote of 285-144 today the house passed a bill raising the debt ceiling until may. but due to a provision that would withhold congressional pay if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes necessary to reinstitute the talking filibuster even through the so-called nuclear option, even though everyone seems to want it. the last hope in filibuster reform is harry reid's great compromise of needing 41 votes to maintain a filibuster but i'm confident that the democrats will find some way to back down from that, too. joining me now the only one and only michael tomasky. starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to
CSPAN
Jan 22, 2013 1:00pm EST
we're going to do, we're going to pass a three or four-month extension of the debt ceiling. then we're going to get into a fight on the sequester and hold the line of the sequester. this is a promise the leadership is making to us. as long as they keep that promise i think many conservatives will be ok with that. then when we get to the debt ceiling fight we're going to ask for at a minimum the one--- the one-for-one cuts that come from the boehner rule for any long-term debt ceiling extension system of if we look at that, it means that in 10 to 15 years, with very little help from the democrats, we can achieve a balanced budget which is much better than even the 23- to 27 -- better than the 23 years to 27 years and obviously better than the never balancing budget obama and the democrats have proposed for the last four years. so you look at all the data out there. all the public opinion polls say that the american people think we're spending too much money. that the american people think that we are taxing too much. but the problem is that as republicans, i think this goes to what r
PBS
Jan 23, 2013 7:00pm PST
crisis including the debt ceiling and fiscal growth. the imf has mained growth outlook for the japanese economy for 1.2% this year. they were warned about the risks of accumulating debt without consolidation measures. >> when the countries start with ray otio of debt to gdp, in bot cases it's much above. we vowed a clear plan for fiscal consolidation over the next five, ten years, it seems to many to be quite dangerous to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday after the republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financial default. john boehner said to show the american people that it would move to balance the budget. >> they understand you can't continue to spend money that you don't have. we're committed to doing a budget on
CBS
Jan 23, 2013 12:00pm PST
. >> and republicans reached a deal on the debt ceiling but there's a catch. the latest from washington. coming up next. >> from the cbs 5 weather center, good afternoon, everyone. sure, we have some rain showers in and around the bay area. that's our live camera looking out towards mount vaca. the rain and how long it will stick around as eyewitness news continues right here on cbs 5. about to pay more the next time you mail. the u-s postal >>> hope you stocked up on forever stamps because if you didn't, you're about to pay more the next time you mail out. the u.s. postal service is upping the cost of a stamp by a penny this weekend. now it will cost 46 cents to send a letter. 33 cents for a postcard and for the first time ever, the postal service is going to start offering a global forever stamp for $1.10. >>> there is a truth in the battle over the debt limit. the house passed a bill that business the country another 4 months before default but the measure forces the senate to do something it hasn't done in four years. cbs news reporter randall pinkston expla
FOX Business
Jan 22, 2013 5:00pm EST
. thanks for having me. melissa: so if you can put aside the debt ceiling debacle and the fiscal cliff fiasco there is actually hopeful news in the housing market. cillo says last year national home values rose almost 6%, nearly double the historical average. we haven't seen annual gains like that since the peak of the housing bubble back in '06 but exerts say it will not last. we want to make sure our viewers on "money" don't his the boat. we have zillow's chief economist, here in a fox business exclusive. great to have you back on the show, stan. let me start with why you think this can't last. >> great to be here, melissa. yeah, definitely, to see 6% appreciation nationally first year after the housing market reached a bottom is somewhat unprecedented from what most economists were expecting given the high foreclosure rate and negative equity rate. the negative equity rate is contributing and price spikes. people can't sell their houses even though there is new demand moving into it. the only way markets respond is by the price spikes. that's why we're seeing price spikes above 22%
MSNBC
Jan 23, 2013 5:00pm PST
on the debt ceiling. congressman chris van hollen takes us into the funny numbers he had to push. >>> if you want another concord bridge, i got some buddies. >> ted nugent is assembling a moron militia. we'll show you what he is going to be up against. >>> the transaction tax. americans pay it every day on everything we buy. but why doesn't wall street have to pony up? >>> and the latest on the quest for filibuster reform. will the senate actually change the rules and get something done? senator bernie sanders with us tonight. >> good to have you with us tonight, folks. thanks for watching. if you wanted to know why congress has a record low approval rating, all you had to do was watch the circus on capitol hill today. outgoing secretary of state hillary clinton testified before senate and house committees today about the attack on the u.n. consulate in benghazi, libya. the committee members already have access to the full accountability review board report on the attack, as well as classified intelligence reports. secretary clinton has repeatedly taken responsibility for state department fa
CNN
Jan 23, 2013 2:00am PST
to davos today. >> reporter: yeah. so the republicans are going to vote on suspending the debt ceiling which is lot of people think it's a good idea to do forever. they won't have much opposition with that. and cantor with a conessional delegation, they'll come over to davos, he'll be in a panel on friday, and we'll talk to him when he gets here about the budget, about the debt ceiling debacle in the united states and about whether or not america with sort of capture this economic dinahism that you say talk about so much in the face of all of these problems going on in washington, the congress and inability to get anything done. can we actually overcome that and have a great year. >> all right. ali velshi? davos. thank you. so nice to see you. so interesting, too, they talk about how the future will not be a u.s. and europe led world. it's china, india, some of these emerging markets. they talks about the next 100 year, not necessary lit next quarter. >>> high drama below ground. coming up, the race to save a woman who falls on to the subway tracks. [ construction sounds ] ♪ [ watch
CNN
Jan 22, 2013 1:00pm PST
to the fact that they've moved off the fight on the debt ceiling a few months. he believes he can deal with them and, as you heard, get some kind of grand bargain. i need to be convinced of that, wolf. >> part two of your interview coming up later. >> he tells us, how does he know when the president is mad at him. >> interesting to see that. thank you. good work. >>> in a moment, the latest on the breaking news we've been following a shooting at a community college in houston, texas. there's going to be a news conference from the sheriff there. we'll update you with what is going on. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and if you get into an accid
NBC
Jan 23, 2013 5:00am PST
. >> good morning, john. two parts of the vote today. first of all, raising the debt ceiling. allowing the country to borrow more to pay off the debt that we have already incurred. something president obama was pushing more. conservative republicans wanted to see cuts first. now the republican leadership said we won't link the two. we'll raise the debt ceiling until the middle of may. however there is a catch. they want to ensure that a budget is in place. a spending plan for the country. so the vote also says if lawmakers on either said don't pass a budget by april 15 -- tax day for everyone else -- they would lose their income. no paychecks until they have a budget. that's where we are now. that's the crux of the vote coming up today. the white house says the president will sign the bill if it's passed. republican ps have been counting their votes. despite opposition still from conservatives who want to see spending cuts happen first. they believe they have the votes for it to pass. 17 conservatives could derail that. >> we'll see if there is movement. thank you very much. >> the wom
FOX Business
Jan 22, 2013 7:00pm EST
. we have the issue in washington about debt ceilings, sequester -- lou: love the way you articulated that. a lot of people call it, you know, the fools out in washington, but i love the elegance of your expression. we appreciate you being here. >> thank you, lou, good to be here. lou: come back soon. mike ryan, we appreciate it. up next, a government report shows high school graduation rates at a 35-year high. don't get excited. we'll tell you why in "chalk talk" tonight, because the case as with many federal stats are deceiving. we're coming right back. ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up som
FOX News
Jan 23, 2013 4:00pm PST
the debt ceiling until the middle of may. senate democrats say they will pass the bill soon and the white house says president obama will not veto it. the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10 years. should either chamber fail then its members paychecks can't be delayed. they can't stop it constitutionally they have to get paid. the other part suspends enforcement of the federal debt limit until may 19th, at which point it will increase retroactively without any offset in spending cuts. here is how speaker john boehner summed it up today. >> you know, the premise here is pretty simple. it says that there should be no long-term increase in the debt li
CNN
Jan 23, 2013 9:00am PST
negotiate the debt ceiling. high unemployment, social unrest. again, we learn from the mountain. baby steps to build confidence. >> your free ski slowly. we feel what we are doing. then we get confident and we get faster and faster. >> reporter: but economic growth seemingly won't go faster. there's always the risk in the global economy that something goes wrong. snowboarders are like central bankers. they have their own way of treading down the mountain. for bankers it means printing money. it's brutal economics. what's the secret to snowboarding? you pick up speed too quickly and you end up falling over? >> no, come on. you need to move. >> reporter: why do you like snowboarding? you go too fast, too quickly, and fall over. >> not necessarily. >> reporter: perhaps the best lesson to be learned in managing risk comes from the cross-country skier, those hearty experts of slow, steady progress taking huge amounts of energy. >> you need to be fit with the whole body, not only with parts of your body. >> you make the power around. you can slowly or you can a lot of speed. at your pace. >> repo
PBS
Jan 23, 2013 5:30pm PST
that faces our country. >> ifill: today, the house opted for short term, temporarily lifting the debt ceiling until may 19, then resetting the cap to cover any borrowing over the current limit-- $16.4 trillion. and for now, republicans will not force immediate spending cuts. the party's new strategy would achieve that goal by forcing congress to pass a budget. house budget committee chair-- and last year's vice presidential nominee-- paul ryan. >> here's the point, we have a law, it's called the budget act, it requires that congress passes a budget by april 15. all we're saying is, "congress, follow the law, do your work, budget. and the reason for this extension is so we can have the debate we need to have." >> ifill: as added incentive, the house bill says, if there is no budget, then lawmakers won't get paid. after it passed today by a bipartisan vote of 285 to 144, speaker boehner said he's optimistic that will happen. >> if both chambers have a budget. democrat budget from the senate, republican from the house now you've got competing visions, forow we address this problem. out of those
CSPAN
Jan 24, 2013 1:00am EST
lanier. >> today the senate passed a bill that extends the debt ceiling, allowing the surgery department to borrow more money. it also requires congress to pass a budget and will withhold numbers pay intel they do so. harry reid says that he seeks to pass the bill in the senate. here's part of the debate of the bill. mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. camp: thank you, mr. speaker. i rise today in strong support of h.r. 325, the no budget, no pay act of 2013. this legislation directs members of the house and senate to adopt a budget resolution by april 15, 2013. if either body does not -- the speaker pro tempore: this house is not in order. please remove all conversations. the gentleman is recognized. mr. camp: thank you, mr. speaker. either body does not adopt a budget resolution by april 15, 2013, members ofhat body will have their pay withheld until they pass a budget. it's simple. no budget, no pay. the american people understand that they don't get paid if they don't do their job, and neither should member
CNBC
Jan 22, 2013 4:00am EST
and texas instruments. house leaders are expected to vote tomorrow to extend the debt ceiling deadline until may 19th. the gop measure doesn't specify an amount, but would lead let the government borrow what it needs to meet its obligation for that period. the strategy shift was agreed to last week and would let republicans focus on other fiscal fights in march such as ook automatic spending cuts delayed by the deal and the potential resolution. julian callow is still with us. julian, do you take this news as a positive development for markets or are you concerned about still the prospect of a government shutdown as others are calling for once we hit some of those further deadlines? >> yeah. i think that is quite positive, really. it shows that there is some desire not to up the vote too much on the side of the house. republicans at this stage. i think it's actually very important if we think about what it means for both financial markets and for the u.s. economy. obviously, financial market conditions have improved noticeably. there's less uncertainty around. that should come through in ter
Current
Jan 23, 2013 6:00am PST
's going through? punting the debt ceiling. a vote is going to go through today. >> punting it down three more months. >> hal: a three-month wait to deal with -- >> because why get done today what you can put off? >> hal: because people are still glowing in the aftermath of the inauguration. people are still recognizing the president -- their message that the president isn't interested in deficits and handling it because he did mention it in his inauguration. he did mention doing in a balanced approach and the american people agree with him on that part. so if they have to act on it in the next week, people are still that much engaged. they're hoping in three months the american public will disengage enough for them to create another false narrative. >> so when we talk about rating the debt ceiling. we've already racked up the bills and we have to pay them. that's an obvious -- that's the fact. >> hal: right. >> they like to combine the two right and make it about future spending and paying off the bills. the president says it over and over and over again but it doesn't stick. don't under
MSNBC
Jan 27, 2013 9:00am PST
to hit the grund running again in his second term. the debt ceiling fight has been delayed and they are looming on the issue of the budget more specifically the sequester that comes up at the beginning of march. those are spending cuts in military and domestic agencies and the continuing resolution. basically it calls for how they will pay for the government going forward. after march 27th the budget issues are high on the priority list. there are challenges as he faces the republican house. he heard from paul ryan and dick durbin and their opinions on what the president needs to do going forward. >> the green line is historic tax rates, how much we raise in taxes and the blue is how many increases president obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to h
FOX News
Jan 22, 2013 4:00pm PST
of news. there is word of what may be a break through in the standoff over the so-called debt ceiling. the point where our nation can no longer pay its bills. house republicans are set to vote tomorrow on a temporary fix, which would raise the federal spending limit. now the white house says it won't stand in the way of that: even though the president says he would rather see the problem fixed once and foreall. the g.o.p. measure would buy us only a few months before congress would have to agree to a long-term solution. a second part of the proposal would force lawmakers in both houses of congress to pass a budget or they wouldn't even get paid. that's the g.o.p. attempt to force the senate's hand the democratic led senate hasn't passed a budget in four years now. mike emanuel son the top story at the bottom of the hour. live with us from the row rotuna on capitol hill. mike, house republicans meeting behind closed doors late today. have we heard anything? >> well, shep, some conservatives don't love this debt ceiling deal because they don't like the idea of adding to the nation's cr
FOX News
Jan 22, 2013 8:00am PST
are playing their version of let's make a deal over the debt ceiling. tomorrow the republican-controlled house expected to vote on a bill allowing the government to borrow money through may 18th. but they want something in return. chief congressional correspondent mike emanuel live in washington with the details. what is the latest? >> reporter: as part of raising the debt ceiling the house republicans will demand that the senate pass a budget with spending cuts included and will try to force getting it done by april 15th. a short time ago the top senate republican issued this call to action. >> and so it's my hope that the president will finally be willing to do what republicans have been asking him to do since his first inauguration four years ago and that is to work with us on identifying durable solutions to the problems that we can only solve together. to put aside those things we know we can't agree on and focus on what we can agree on. and we should start with spending and debt. because if we don't get a handle on that nothing else matters. >> reporter: bottom line republicans recognize
FOX News
Jan 22, 2013 3:00pm PST
, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29, 2009. it clouded 179 round trips to the moon. circumnavigating the globe 73 times. leading senate republicans say it's time for the senate to step up. it has been four year since the senate acted on a budget. in fact, if you believe this. many of you have ipads. ipads didn't exist the last time the senate passed a budget. >> the senate majority didn't say no but he didn't fully embrace the house deal either. >> i'm glad that they sent us up a clean -- they are going to send us a clean debt ceiling bill. the other stuff on it, we'll approach it when we need to. glad we're not facing a crisis here in a matter of a few days. >>
FOX News
Jan 23, 2013 3:00pm PST
they won the round because the debt ceiling will go up in may. without offsetting spending cuts. republicans counter getting the senate democrats to agree to a budget by april means for the first time in four years congress may be able to show some degree of real fiscal discipline. bret? >> bret: thank you. senate majority leader harry reid hopes to get a deal done soon with republicans over new filibuster rules. they want to require senators to be present when they filibuster. republicans are resisting that. reid hinted he may use the so-called nuclear option to change the rules, with a simple majority of 51 votes instead of the usual two-third. the dow continued its momentum, up for a fourth day if a row today. industrial average gained 67. to reach the highest closing value since halloween of 2007. the s&p 500 finished ahead two. the nasdaq increased 10-1/2. we will hear from the chairman of the house foreign affairs committee a bit later. up next, why you are giving a powerful weapon to enemy of a friend. [ male announcer ] ok, here's the way the system works. let's say you
FOX News
Jan 24, 2013 1:00pm PST
payne sick you. don't like this. >> absolutely not. i think the debt ceiling punt was the latest example of this. the president says, if we don't do this the market is going to implode and congress puts its tail between it legs. i haven't heard anything from s&p or moodies who say we want the debt ceiling to go higher. everybody watching this show who has cut back 0, government has to learn how to do the same thing. it's cowardly in washington to continue to hide behind the notion that we're going to collapse overnight as a nation if we don't keep spending ourselves to death. >> i agree. congressmen have basically sent a message that today is not the day we're going to stop spending our children's and grandchildren's money, and charles is exactly right. the reason why our credit got downgraded is because of our out of control spending and out of control debt. the fiscal cliff deal even we just witnessed, it's such -- added four trillion dollars to our deficit over the next ten years. so, congress is not serious about reigning in spending and that's exactly when the we need to too. >> but
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